SOLD FOR $1,044,000 ($8700/AC)
PUBLIC LAND AUCTION – WAYNE COUNTY, IL
120 ACRES OF HIGHLY PRODUCTIVE WAYNE COUNTY FARMLAND
95% TILLABLE ACREAGE
THURSDAY, JUNE 6, 2024 9:00AM
LIVE IN PERSON BIDDING ONLY
Location: At the intersection of Route 161 (Highway 16) and Highway 45 in Cisne, IL go West 3mi. to CH 12 (Blue Mound Rd.), then go South 1mi. to CR 1700N, then go East 1/2mi. All tracts are on the North side of the road.
Approx. 3mi. Southwest of Cisne, IL; Approx. 50mi. South of Effingham, IL; Approx. 100mi. East of St. Louis, MO.
Location of Auction: Cisne Community Center—Cisne, IL (WATCH FOR SIGNS)
TRACT 1 40 acres +/- Farmland
- PIN: 07-24-400-003 (part)
- SW 1/4 SE 1/4 of Sec. 24, Indian Prairie Twp.
- An outstanding tract of nearly all tillable farmland.
- Approx. 38.74 tillable acres (97%)
- Soil Types: Wynoose and Bluford
- Weighted Crop Productivity Index (CPI) of 96.9
- 1/4 mile County Road 1700N frontage on southern border.
TRACT 2 60 acres +/- Farmland
- PIN: 07-24-400-003 (part); 07-24-400-002
- W/2 SE SE & NE SE Sec. 24, Indian Prairie Twp.
- This is another excellent tract of highly tillable farmland.
- Approx. 54.73 tillable acres (91%)
- Soil Types: Wynoose and Cisne
- Weighted Crop Productivity Index (CPI) of 98.3
- 1/8 mile County Road 1700N frontage on southern border.
TRACT 3 20 acres +/- Farmland
- PIN: 07-24-300-010
- E 1/2 SE 1/4 SW 1/4 Sec. 24, Indian Prairie Twp.
- This is an excellent investment property being all tillable.
- 100% of this tract is tillable in row crop production.
- Soil Types: Bluford, Wynoose, Zanesville, Passport
- Weighted Crop Productivity Index (CPI) of 96.2
- 1/8 mile County Road 1700N frontage on southern border.
TRACT 4 120 acres +/- Combination of Tracts 1, 2, and 3
TERMS ON REAL ESTATE: 15% of the purchase price placed down day of sale and the balance due at closing on or before July 9, 2024. Sellers guarantee good and merchantable title. Sellers will pay the 2023 real estate taxes due and payable in 2024. Buyer(s) will pay all subsequent taxes thereafter. 2022 real estate taxes on Tract 1 $656.31; Tract 2 $914.15; Tract 3 $329.26. Sellers retain no mineral rights; however, subject to any prior reservations. Possession will be at closing subject to current farm tenants rights. The farm is rented for the 2024 farming year. Buyer(s) will receive landowner’s share of the 2024 farm income. Sellers and Buyer(s) will enter into a Sales Contract day of sale. All announcements day of sale take precedence over any previously printed materials or advertisements.
No Buyers Premium
SELLERS: THE ESTATE OF JERRY & LYNDA KAY SMITH
CARSON AUCTION & REALTY CO.
COL. JUSTIN CARSON #441.001711
Managing Broker, Certified General Appraiser, & Auctioneer 618-662-4911
204 E. North Ave., Flora, IL 62839
www.carsonauctionandrealty.com
